Morgan Stanley Downgrades Sodexo SA (SDXAY) to Equal Weight

Sodexo SA (OTC:SDXAY) was downgraded by equities research analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research note issued to investors on Tuesday, July 18th, StockTargetPrices.com reports.

Separately, Deutsche Bank AG lowered shares of Sodexo SA from a “buy” rating to a “hold” rating in a research report on Friday, July 7th.

Sodexo SA (OTC SDXAY) traded down 0.04% during mid-day trading on Tuesday, reaching $23.53. 3,099 shares of the company were exchanged. The company’s 50 day moving average price is $24.83 and its 200-day moving average price is $24.11. The stock has a market capitalization of $17.40 billion, a P/E ratio of 24.64 and a beta of 0.66. Sodexo SA has a 12 month low of $20.61 and a 12 month high of $27.91.

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Sodexo SA Company Profile

Sodexo SA is a holding company. The Company offers services, such as on-site services, benefits and reward services, and personal and home services. It serves its consumers in approximately 80 countries. It operates in Continental Europe, North America, the United Kingdom and Ireland, and Rest of the World.

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